Use the following information to complete Short Exercises S20-16 and S20-17. Wild Waters Swim Park sells individual and family tickets. With a ticket, each person receives a meal, three beverages, and unlimited use of the swimming pools. Wild Water's has the following ticket prices and variable costs for 2018: Wild Waters expects to sell one individual ticket for every four family tickets. Wild Waters's total fixed costs are $27,500. Calculating breakeven point for two products For 2019, Wild Waters expects a sales mix of four individual tickets for every one family ticket. Requirements 1. Compute the new weighted average contribution margin per ticket. 2. Calculate the total number of tickets Wild Waters must sell to break even. 3. Calculate the number of individual tickets and the number of family tickets the company must sell to break even. Individual Family $ 150 Sales price per ticket Variable cost per ticket $50 35 140